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Tip:
How to
Choose A
Building Lot For Your Future Dream Home.
 There are three
basic types of land you can buy for the house you want to build:
- Undeveloped
vacant land: ungraded, raw land; no
driveways, water, sewers; gas or electricity.
- Developed
land or Subdivision lot : Usually owned by a developer-builder,
usually fully serviced except for the house. The
Developer normally sells a few lots to a custom builder
for public resale with plans in place or to the buyers
plans.
- Infill
lots:
unused property in an established neighbourhood.
Whatever
kind of property you plan to buy, get professional advice.
Check with local planning, building and health departments
with regard to restrictions. Have your builder (if you have
one) look over the site. A bad choice of lot can adversely affect
your ability to get a loan or a building permit.. Here are a few other things to
check out:
-
Building
and Zoning by-laws. Will they permit the kind of home you
expect to build? Make your offer contingent on obtaining
a satisfactory building permit.
- Water
and sewers. If buying a subdivision or infill
lot, find out (from local municipal offices) where
the water line is located. Check to see if there are
sanitary sewers and if you will be permitted to hook into
it. If not, check with the local Health Department
regarding rules and costs of installing a septic system.
- Gas
and/or electricity. Are they available and at
what cost?
- Property
Taxes.
How much will they be and are they comparable to
property taxes on
similar property in other areas?
- Future
site influences. Check zoning and
Official Plan maps (at municipal offices). Find out what plans
for highway widening, new subdivisions, or rezoning may
be planned for the future of forests, fields, and open spaces near the
property.
If you're looking
for properties for your special home plans, e-mail
us or give us a call. We’ll be glad to show you all the possible choices. |
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